Bhujung Hydropower Limited has completed the allotment of its initial public offering (IPO) on Magh 27 (Tuesday). The allotment was carried out at 9:00 AM by the issue and sales manager, Kumari Capital Limited.
The IPO, which was open to the general public from Magh 12 to Magh 15, received applications from 26,65,174 investors seeking a total of 3,07,84,820 shares, indicating strong investor demand. As the issue was heavily oversubscribed, shares were distributed through a lottery system, under which only 83,000 investors were allotted shares at the rate of 10 shares per applicant, while the remaining 25,82,174 applicants did not receive any shares.
Bhujung Hydropower Limited had issued a total of 8,30,000 shares for the general public under this IPO.
1.kumaricapital.com/share-details
3. mero share
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
